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[Funding alert] Barcelona’s Remuner Raises €2Million in Pre-Seed Round Funding

Jan 18, 2024 | By Startup Rise EU

Barcelona's Remuner raises €2million in pre-seed round funding. Just three months after its founding, Silicon Valley-based fund Pear VC led this investment.

Barcelona's Remuner raises €2million in pre-seed round funding. Just three months after its founding, Silicon Valley-based fund Pear VC led this investment.

Remuner, a startup based in Barcelona, developed a commission management platform that optimises incentive compensation administration through the use of AI.

Read also - Pet-Wellness Company Jampy Secures €1 Million in Pre-Seed Funding

By automating every facet of sales commissions, the no-code interface helps businesses build personalised pay schemes that are informed by data and maximise team performance while attracting and keeping top personnel.

Sergio Gonzalez, CEO and co-founder of Remuner: "Our primary focus is changing how companies think about variable compensation models, transforming them into a lever for growth. We turn sales commission management into a pleasant experience, enabling companies to fully align team incentives with company goals and providing real-time visibility for sales teams."

Pepe Agell, former entrepreneur and partner at Pear VC, shared: "We are excited to support Remuner's mission to change how companies manage their variable compensation plans. We believe their data and artificial intelligence-based approach is key to success in this space."

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Institutional investors like Wayra and BStartup, as well as other well-known venture capital funds including Kfund, Bonsai Partners, and Enzo Ventures, additionally supported the investment round.

Numerous business angels also contributed, such as Danila De Stefano, co-founder of Unobravo, Felipe Navío and Juan Urdiales, and Jesper Frederiksen, vice president and general manager of Lacework and former vice president and general manager of DocuSign and Okta.

Read also - Barcelona-based Delfos Secures €6.3 Million in Seed Funding

Remuner is putting itself in a position to grow its distinct perspective in the sales commission management industry and carry on with its European expansion with this investment.

Remuner is a platform for variable pay that automates every part of sales commission plans, allowing you to precisely match employee incentives with company goals.

About Remuner

Remuner are a cutting-edge commission management software that uses AI and data at every stage of the procedure to enable data-driven choices that optimise performance and inspire and retain your top employees.

Read also - German Wastewater Recycling Company Membion Secures €5 Million in Funding

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